Strategies

The firm made the acquisition on behalf of several of its investment platforms.

As billions in commercial real estate loans come due in a higher-rate environment, advisers and servicers are finding plenty of solutions.

The first close is backed by Danish institutional investors Industriens Pension and Lægernes Pension.

JLL-advised dealflow data indicates lenders and sponsors are not waiting for rates to move as they act on immediate borrowing needs.

The New York-based manager noted it is drawing closer to $1.5bn targets set for the first vintage in each series during its Q2 earnings results.

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

Andrew Schwartz, the Melbourne-based manager’s co-founder, says Europe’s lending market offers significant scope for growth.

The firm aims to grow the fund to $2bn as it expands institutional investor relationships and ABF market presence.

More insurance company investors are moving toward allocations and partnerships with US and European real estate private credit managers as their income needs grow.

Repeat borrower Metro Development Group will use the financing to recapitalize a portfolio of 10 residential communities.